Scooters - MENA

MENA

In the MENA region, the Scooters market is anticipated to achieve a revenue of US$0.50bn in 2024.
This revenue is projected to exhibit an annual growth rate of 3.71% (CAGR 2024-2029), resulting in a market volume of US$0.60bn by 2029.
Moreover, the unit sales of Scooters market in the MENA region are expected to reach 302.20k motorcyles by 2029.
In terms of the volume weighted average price, the Scooters market in the MENA region is anticipated to be US$1.92k in 2024.
From an international perspective, India is expected to generate the highest revenue in the Scooters market, with US$10,620.00m in 2024.
The demand for electric scooters is rapidly growing in the MENA region, as consumers in countries like the United Arab Emirates prioritize sustainable transportation options.

Key regions: United States, Brazil, Spain, Indonesia, Portugal

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on motorcycle sales and revenue excluding scooters/mopeds under 50cc category.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use manufacturer websites, national statistics offices, motorcycle associations, motorcycles sales websites. Next we use relevant key market indicators and data from country-specific associations such as GDP per capita, consumer price index, consumer spending, and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the forecasting is done on a make level for Motorcycles, using a mix of standard approaches, e.g., exponential smoothing, and uses parameters which best fit the historical data. The main drivers are GDP per capita, consumer price index, consumer spending, and population.

Additional Notes:

The market is updated once a year.